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Comment for Proposed Rule 75 FR 3281

  • From: Randolph L Hatten
    Organization(s):

    Comment No: 702
    Date: 1/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00702
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Tuesday, January 19, 2010 4:23 PM
    secretary
    Regulation of Retail Forex
    David Stawick, Secretary, Commodity Futures Trading Commission,
    1155 21st Street,
    N.W., Washington, DC 20581.
    (202) 418-5521 fax
    To whom it may concern (David Stawick),
    I am not opposed to regulation nor regulatory agencies. But that regulation needs to be fair,
    transparent, and
    open
    to public input. Otherwise it becomes corrupt and self-serving. Sure high leverage can get you into
    trouble if used thoughtlessly. Sure hedging when not done properly turns one loss into two. But I believe the
    cure is EDUCATION, not restricting what people can and cannot do with their investment decisions. Guide,
    don't dominate - government was invented to protect people and their property, not to limit their potential.
    RE: identification number RIN 3038-AC61
    Randolph L Ha~en, DDS
    17814 SedonaWay
    Cornelius, NC 28031
    704-896-0761